David D. Smith's stake in Sinclair Broadcast Group is substantial, with his holdings reflecting his significant commitment to the company. Over recent years, he has participated actively in trading shares, with monthly transactions often reaching into the millions. Notably, in...
David D. Smith's stake in Sinclair Broadcast Group is substantial, with his holdings reflecting his significant commitment to the company. Over recent years, he has participated actively in trading shares, with monthly transactions often reaching into the millions. Notably, in December 2020, he recorded a high value of around $102.33 million in shares traded. His financial stake has seen ups and downs, but he remains one of the biggest shareholders. Although recent trading values have fluctuated between $10 million and $60 million per month, it’s clear that he has a serious interest in the company's performance and future. Smith also has a family connection to his ownership, having trusts tied up with his shares, showing a long-term strategy that goes beyond just financial gain. His active trading indicates a keen insight into market movements and the financial health of Sinclair.